NCLONuveen AA-BBB CLO ETF

Get income1y track recordRanked #630 of 1,622 in this goal

Seeks total return primarily through current income.

By Nuveen · Launched 2024

Annual Cost

0.26%

#1,303 of 5,562 · low cost

Fund Size

$152M

#2,549 of 5,562 · mid-size

Dividend YieldGoal

5.86%

Track Record

1 year

#3,997 of 5,562 · young

Performance

Total-return NAV · USD

Growth of $10,000

$10,589+5.9%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Strategy

Active selection

Focus

CLO

What it actually holds

By weight

Concentration

Top 10 holdings = 22.2% of fund✓ well diversified

AIMCO CLO Series 2015-A

2.7%

CIFC Funding 2024-III Ltd

2.4%

OHA Credit Funding 10-R Ltd

2.3%

OCP CLO 2025-40 Ltd

2.3%

Invesco US CLO 2024-3 Ltd

2.2%

Elmwood CLO VIII Ltd

2.2%

MidOcean Credit CLO XVI

2.2%

Neuberger Berman Loan Advisers CLO 34 Ltd

2.0%

AIMCO CLO Series 2018-A

2.0%

Goldentree Loan Management US Clo 17 Ltd

2.0%

Asset allocation

Bonds

99.5%

Cash

0.5%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.6%Low

Year-on-year price swings

Max drawdown

-3.1%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Bond profile

Duration

5.8 years

Avg maturity

10.0 years

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks total return primarily through current income.
Strategy: Actively managed, invests primarily in debt tranches of Collateralized Loan Obligations (CLOs) rated AA to BBB. Focuses on floating- or fixed-rate securities backed by pools of loans, including senior secured and unsecured loans.
Inception date: December 10, 2024
Fund family: Nuveen